STOCK TITAN

Oregon Pacific Bancorp - ORPB STOCK NEWS

Welcome to our dedicated news page for Oregon Pacific Bancorp (Ticker: ORPB), a resource for investors and traders seeking the latest updates and insights on Oregon Pacific Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oregon Pacific Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oregon Pacific Bancorp's position in the market.

Rhea-AI Summary
Oregon Pacific Bancorp (ORPB) reported strong financial results for the first quarter of 2024, with a net income of $1.6 million, quarterly deposit growth of $35 million, and quarterly loan growth of $14.3 million. The bank's cost of funds stood at 1.20%, and the net interest margin was 3.59%. Despite a decrease in net income compared to the previous quarter, the bank remains optimistic about its growth prospects for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Oregon Pacific Bancorp (ORPB) reported strong financial results for the fourth quarter and year ended December 31, 2023. The company achieved a net income of $2.2 million in the fourth quarter, with quarterly loan growth of $11.4 million. The annual return on average assets was 1.22%, and the annual loan growth was $53.7 million. The Portland office grand opening on November 1, 2023, marked a significant milestone for the company. Despite the expenses related to expansion into the Portland market, the Bank achieved record profitability in 2023. The President and CEO, Ron Green, expressed optimism about strategic hires and continued growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
-
Rhea-AI Summary
Oregon Pacific Bank (OPB) proudly announces the appointment of Angelique Whitlow and Jason Hall to its Board of Directors. Their addition reaffirms the Bank's commitment to fostering local connections and serving the diverse financial needs of the Portland Metro area.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
Tags
management
Rhea-AI Summary
Oregon Pacific Bank announces the opening of its new full-service branch in Tigard, Oregon, emphasizing its commitment to serving the financial needs of the Portland Metro area.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Oregon Pacific Bancorp reports Q3 2023 financial results with net income of $2.3 million and quarterly loan growth of $15.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.01%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
Oregon Pacific Bancorp

OTC:ORPB

ORPB Rankings

ORPB Stock Data

50.79M
5.27M
25.96%
Commercial Banking
Finance and Insurance
Link
United States
Florence

About ORPB

established on december 17, 1979 and headquartered in florence, oregon, we have grown to include full service branches in coos bay and roseburg, as well as a trust and wealth management office in medford, and a professional banking and trust office in eugene. staffed by local decision makers, we specialize in offering holistic financial services to our local families and business owners. we are committed to aiding the growth and development of the communities we serve by investing local deposits directly into the lives, homes, and businesses of our friends and neighbors.